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Employers need to adapt to find best workers, hiring success

The labor market is simply not what it once was, and if businesses are going to succeed, they will need to figure out how to recruit and retain the best employees. For nearly a decade, employers got away with considering many employees as disposable during a sluggish economic recovery from the Great Recession of 2008. The unemployment rate was high enough and the labor market large enough that there were enough people looking for work that the balance of power largely favored the employers. But that balance is swinging the other way now as the economy enters a record stretch for steady expansion.

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